Showing 1 - 10 of 76
We exploit European regulatory interventions to investigate the effects of sub-second periodic auctions on market quality under dark trading restrictions. The restrictions are linked to an observable increase in periodic auctions and an economically meaningful loss of liquidity. While periodic...
Persistent link: https://www.econbiz.de/10013246202
Recent European regulatory restrictions on dark trading induced an increase in sub-second frequent batch/periodic auctions (PA). We exploit this development to investigate the effects of PA on market quality. The restrictions are linked to an observable increase in PA and an economically...
Persistent link: https://www.econbiz.de/10013403046
Persistent link: https://www.econbiz.de/10014465106
Persistent link: https://www.econbiz.de/10013426505
Recent European regulatory restrictions on dark trading induced an increase in sub-second frequent batch/periodic auctions (PA). We exploit this development to investigate the effects of PA on market quality. The restrictions are linked to an observable increase in PA and an economically...
Persistent link: https://www.econbiz.de/10014238962
Persistent link: https://www.econbiz.de/10003001450
Persistent link: https://www.econbiz.de/10012319151
Persistent link: https://www.econbiz.de/10014465728
Persistent link: https://www.econbiz.de/10011474516
Persistent link: https://www.econbiz.de/10012117739